HFC/Beneficial - Loyal Employee HSBC Employee Review

4.0
Aug 13, 2008
Recommend
CEO approval
Business Outlook

Pros

great opportunity for professional advancement IF you are willing to relocate to Chicago, New York or over seas.

Cons

90% of people who work for HSBC Holdings in North America work under HFC/Beneficial. There is nothing wrong with either entity but it takes a strongly career minded, money driven individual to succeed and advance within the company. There is one career path: Account Executive -> Sr. Acct Executive -> ASM then BSM. From BSM, there aren't very many options if you have a family or aren't wiling to relocate. Branch Sales Managers are there Mon - Thurs from 8:00 or 8:30 to 7:00 or 8:00. There is little time for a life away from work but the pay is well worth it IF you have a good staff and you know how to utilize your people. The pay CAN be excellent but most of the time I believe it's easy to feel like you are not compensated for the energy required to run a branch... but then again, who doesn't feel that way sometimes?

Explore other reviews about HSBC

5.0
Jun 2, 2026
Recommend
CEO approval
Business Outlook

Pros

Good environment and nice place to work and learn

Cons

nothing else to say the users were excellent

1.0
May 29, 2026
Recommend
CEO approval
Business Outlook

Pros

Never come. All the positions and all area is same terrible. HR official turnover rate reach to 15%, some core hard working positions even can be a higher rate

Cons

They don't respect employees, there's a suit in New York area initiated by previous bankers in 2023. Because they asked for a lot of volunteering work on formal job but never pay

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